Jason Net Income vs Change To Liabilities Analysis

603816 Stock

28.14 0.79 2.89%

Jason Furniture financial indicator trend analysis is infinitely more than just investigating Jason Furniture recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Jason Furniture is a good investment. Please check the relationship between Jason Furniture Net Income and its Change To Liabilities accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jason Furniture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Income vs Change To Liabilities

Net Income vs Change To Liabilities Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Jason Furniture Net Income account and Change To Liabilities. At this time, the significance of the direction appears to have strong relationship.

The correlation between Jason Furniture's Net Income and Change To Liabilities is 0.74. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Change To Liabilities in the same time period over historical financial statements of Jason Furniture, assuming nothing else is changed. The correlation between historical values of Jason Furniture's Net Income and Change To Liabilities is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Jason Furniture are associated (or correlated) with its Change To Liabilities. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Liabilities has no effect on the direction of Net Income i.e., Jason Furniture's Net Income and Change To Liabilities go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Jason Furniture financial statement analysis. It represents the amount of money remaining after all of Jason Furniture operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change To Liabilities

Most indicators from Jason Furniture's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Jason Furniture current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Jason Furniture. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

As of November 29, 2024, Selling General Administrative is expected to decline to about 1.6 B. In addition to that, Tax Provision is expected to decline to about 346.1 M

	2021	2022	2023	2024 (projected)
Operating Income	1.9B	1.9B	2.3B	1.2B
Total Revenue	18.3B	18.0B	19.2B	20.2B

Operating Income Total Revenue

Jason Furniture fundamental ratios Correlations

	Total Assets	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Retained Earnings	Accounts Payable	Cash	Other Assets	Net Receivables	Good Will	Short Term Investments	Inventory	Other Current Assets	Total Liab	Intangible Assets	Common Stock	Property Plant Equipment	Other Liab	Long Term Debt	Net Tangible Assets	Other Stockholder Equity	Deferred Long Term Liab	Non Current Assets Total	Non Currrent Assets Other	Non Current Liabilities Total	Short Long Term Debt
Total Assets		0.48	0.99	0.91	0.87	0.98	0.96	0.88	0.96	-0.21	0.27	0.97	0.95	0.99	0.92	0.97	0.85	0.86	0.02	0.97	-0.33	0.93	0.97	0.46	0.57	0.62
Other Current Liab	0.48		0.5	0.28	0.18	0.42	0.32	0.26	0.63	0.06	0.52	0.57	0.34	0.54	0.34	0.45	0.17	0.57	0.32	0.4	0.28	0.59	0.37	-0.06	0.44	-0.3
Total Current Liabilities	0.99	0.5		0.91	0.87	0.99	0.96	0.89	0.96	-0.27	0.24	0.99	0.96	0.98	0.91	0.97	0.87	0.85	-0.07	0.97	-0.39	0.9	0.96	0.45	0.5	0.63
Total Stockholder Equity	0.91	0.28	0.91		0.99	0.9	0.89	0.98	0.85	-0.27	0.21	0.88	0.88	0.89	0.97	0.89	0.97	0.76	-0.06	0.93	-0.48	0.88	0.94	0.69	0.49	0.81
Retained Earnings	0.87	0.18	0.87	0.99		0.86	0.86	0.98	0.81	-0.3	0.08	0.84	0.85	0.85	0.96	0.85	0.99	0.72	-0.18	0.89	-0.54	0.81	0.93	0.75	0.46	0.88
Accounts Payable	0.98	0.42	0.99	0.9	0.86		0.98	0.88	0.92	-0.24	0.23	0.95	0.97	0.97	0.9	0.95	0.86	0.83	-0.04	0.96	-0.39	0.88	0.94	0.39	0.51	0.66
Cash	0.96	0.32	0.96	0.89	0.86	0.98		0.87	0.88	-0.28	0.22	0.91	0.95	0.94	0.89	0.94	0.85	0.83	-0.07	0.94	-0.38	0.86	0.93	0.4	0.49	0.71
Other Assets	0.88	0.26	0.89	0.98	0.98	0.88	0.87		0.83	-0.38	0.13	0.89	0.87	0.86	0.95	0.88	0.99	0.74	-0.25	0.91	-0.56	0.84	0.94	0.75	0.41	0.84
Net Receivables	0.96	0.63	0.96	0.85	0.81	0.92	0.88	0.83		-0.19	0.28	0.96	0.87	0.98	0.9	0.92	0.8	0.85	0.05	0.9	-0.25	0.9	0.93	0.41	0.65	0.49
Good Will	-0.21	0.06	-0.27	-0.27	-0.3	-0.24	-0.28	-0.38	-0.19		0.2	-0.28	-0.2	-0.2	-0.23	-0.28	-0.35	-0.18	0.54	-0.28	0.45	-0.17	-0.31	-0.37	0.12	-0.41
Short Term Investments	0.27	0.52	0.24	0.21	0.08	0.23	0.22	0.13	0.28	0.2		0.28	0.21	0.23	0.13	0.3	0.07	0.27	0.54	0.32	0.2	0.43	0.1	-0.01	0.08	-0.18
Inventory	0.97	0.57	0.99	0.88	0.84	0.95	0.91	0.89	0.96	-0.28	0.28		0.92	0.96	0.88	0.94	0.86	0.82	-0.1	0.96	-0.42	0.89	0.93	0.46	0.45	0.57
Other Current Assets	0.95	0.34	0.96	0.88	0.85	0.97	0.95	0.87	0.87	-0.2	0.21	0.92		0.94	0.88	0.92	0.85	0.8	-0.11	0.92	-0.41	0.86	0.92	0.43	0.45	0.69
Total Liab	0.99	0.54	0.98	0.89	0.85	0.97	0.94	0.86	0.98	-0.2	0.23	0.96	0.94		0.93	0.94	0.83	0.88	0.02	0.93	-0.27	0.93	0.96	0.42	0.65	0.58
Intangible Assets	0.92	0.34	0.91	0.97	0.96	0.9	0.89	0.95	0.9	-0.23	0.13	0.88	0.88	0.93		0.88	0.93	0.83	-0.07	0.88	-0.36	0.9	0.97	0.65	0.66	0.76
Common Stock	0.97	0.45	0.97	0.89	0.85	0.95	0.94	0.88	0.92	-0.28	0.3	0.94	0.92	0.94	0.88		0.83	0.9	-0.06	0.97	-0.3	0.92	0.94	0.53	0.45	0.63
Property Plant Equipment	0.85	0.17	0.87	0.97	0.99	0.86	0.85	0.99	0.8	-0.35	0.07	0.86	0.85	0.83	0.93	0.83		0.67	-0.28	0.88	-0.64	0.76	0.91	0.73	0.37	0.88
Other Liab	0.86	0.57	0.85	0.76	0.72	0.83	0.83	0.74	0.85	-0.18	0.27	0.82	0.8	0.88	0.83	0.9	0.67		0.0	0.79	0.06	0.93	0.86	0.43	0.64	0.43
Long Term Debt	0.02	0.32	-0.07	-0.06	-0.18	-0.04	-0.07	-0.25	0.05	0.54	0.54	-0.1	-0.11	0.02	-0.07	-0.06	-0.28	0.0		-0.01	0.56	0.15	-0.14	-0.33	0.38	-0.42
Net Tangible Assets	0.97	0.4	0.97	0.93	0.89	0.96	0.94	0.91	0.9	-0.28	0.32	0.96	0.92	0.93	0.88	0.97	0.88	0.79	-0.01		-0.46	0.89	0.93	0.54	0.39	0.68
Other Stockholder Equity	-0.33	0.28	-0.39	-0.48	-0.54	-0.39	-0.38	-0.56	-0.25	0.45	0.2	-0.42	-0.41	-0.27	-0.36	-0.3	-0.64	0.06	0.56	-0.46		-0.08	-0.38	-0.42	0.3	-0.7
Deferred Long Term Liab	0.93	0.59	0.9	0.88	0.81	0.88	0.86	0.84	0.9	-0.17	0.43	0.89	0.86	0.93	0.9	0.92	0.76	0.93	0.15	0.89	-0.08		0.91	0.54	0.65	0.5
Non Current Assets Total	0.97	0.37	0.96	0.94	0.93	0.94	0.93	0.94	0.93	-0.31	0.1	0.93	0.92	0.96	0.97	0.94	0.91	0.86	-0.14	0.93	-0.38	0.91		0.61	0.6	0.73
Non Currrent Assets Other	0.46	-0.06	0.45	0.69	0.75	0.39	0.4	0.75	0.41	-0.37	-0.01	0.46	0.43	0.42	0.65	0.53	0.73	0.43	-0.33	0.54	-0.42	0.54	0.61		0.17	0.72
Non Current Liabilities Total	0.57	0.44	0.5	0.49	0.46	0.51	0.49	0.41	0.65	0.12	0.08	0.45	0.45	0.65	0.66	0.45	0.37	0.64	0.38	0.39	0.3	0.65	0.6	0.17		0.19
Short Long Term Debt	0.62	-0.3	0.63	0.81	0.88	0.66	0.71	0.84	0.49	-0.41	-0.18	0.57	0.69	0.58	0.76	0.63	0.88	0.43	-0.42	0.68	-0.7	0.5	0.73	0.72	0.19

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Jason Furniture Account Relationship Matchups

Jason Furniture fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	12.3B	13.0B	15.9B	16.1B	16.8B	8.9B
Other Current Liab	2.2B	3.3B	3.5B	139.4M	136.0M	129.2M
Total Current Liabilities	4.5B	5.4B	7.0B	6.6B	6.5B	3.6B
Total Stockholder Equity	5.9B	6.7B	8.0B	8.9B	9.6B	10.1B
Retained Earnings	2.9B	3.1B	4.2B	4.6B	5.7B	6.0B
Accounts Payable	1.3B	1.3B	1.7B	2.0B	1.6B	1.0B
Cash	3.0B	2.2B	3.2B	4.4B	3.6B	1.9B
Other Assets	189.3M	264.0M	437.6M	517.2M	594.8M	624.5M
Net Receivables	1.2B	1.1B	1.7B	1.0B	1.4B	775.4M
Short Term Investments	492.9M	764.9M	532.3M	98.4M	113.1M	107.5M
Inventory	1.3B	1.9B	2.4B	1.9B	2.0B	1.2B
Other Current Assets	208.2M	262.0M	274.0M	384.3M	299.3M	184.4M
Total Liab	6.0B	5.9B	7.5B	7.0B	7.0B	4.0B
Intangible Assets	754.8M	733.2M	832.3M	875.8M	977.0M	1.0B
Common Stock	430.2M	601.8M	632.4M	632.3M	727.1M	478.7M
Property Plant Equipment	1.8B	2.3B	3.1B	4.9B	5.7B	6.0B
Other Liab	49.5M	150.3M	129.0M	85.3M	98.1M	53.6M
Net Tangible Assets	3.2B	4.3B	5.7B	6.8B	7.9B	4.4B
Other Stockholder Equity	222.6M	635.3M	184.5M	(528.5M)	(475.6M)	(451.9M)
Deferred Long Term Liab	107.2M	146.0M	184.3M	123.1M	141.6M	107.5M
Non Current Assets Total	6.1B	6.7B	7.5B	7.7B	9.2B	6.4B
Non Currrent Assets Other	11.2M	450.9M	68.0M	29.7M	716.3M	752.1M
Non Current Liabilities Total	1.5B	529.4M	528.2M	412.8M	512.0M	736.3M
Short Long Term Debt	287.0M	233.1M	468.5M	1.5B	1.5B	1.6B
Total Current Assets	6.1B	6.4B	8.4B	8.4B	7.5B	6.8B
Common Stock Shares Outstanding	601.8M	632.4M	632.3M	821.9M	945.2M	740.5M
Net Invested Capital	7.5B	7.4B	8.5B	10.4B	11.1B	8.7B
Net Working Capital	1.6B	954.8M	1.4B	1.7B	1.1B	1.1B
Capital Stock	601.8M	632.4M	632.3M	821.9M	945.2M	722.4M
Non Current Liabilities Other	1.3B	401.3K	1.3M	2.9M	1.8M	1.7M

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Balance Sheet is a snapshot of the financial position of Jason Furniture at a specified time, usually calculated after every quarter, six months, or one year. Jason Furniture Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Jason Furniture and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Jason currently owns. An asset can also be divided into two categories, current and non-current.

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Jason Net Income vs Change To Liabilities Analysis

Net Income vs Change To Liabilities

Net Income vs Change To Liabilities Correlation Analysis

Correlation Coefficient

Net Income

Change To Liabilities

Jason Furniture fundamental ratios Correlations

Jason Furniture Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Jason Furniture fundamental ratios Accounts

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Other Information on Investing in Jason Stock

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Total Current Liabilities	+ 0.99	Total Assets
Total Liab	+ 0.99	Total Assets
Accounts Payable	+ 0.99	Total Current Liabilities
Inventory	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Property Plant Equipment	+ 0.99	Retained Earnings

Short Long Term Debt	- 0.7	Other Stockholder Equity
Other Stockholder Equity	- 0.64	Property Plant Equipment
Other Stockholder Equity	- 0.56	Other Assets
Other Stockholder Equity	- 0.54	Retained Earnings
Other Stockholder Equity	- 0.48	Total Stockholder Equity
Other Stockholder Equity	- 0.46	Net Tangible Assets